VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Sold by Tranquility Partners LLC

Tranquility Partners LLC trimmed its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 57,781 shares of the company’s stock after selling 3,054 shares during the period. VanEck Morningstar Wide Moat ETF comprises about 2.1% of Tranquility Partners LLC’s holdings, making the stock its 7th biggest position. Tranquility Partners LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,904,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Morgan Stanley increased its stake in shares of VanEck Morningstar Wide Moat ETF by 20.2% during the 3rd quarter. Morgan Stanley now owns 6,783,213 shares of the company’s stock worth $514,439,000 after purchasing an additional 1,140,029 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 41.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,887,502 shares of the company’s stock worth $245,062,000 after purchasing an additional 845,137 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $45,601,000. Davidson Capital Management Inc. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 507.3% during the 3rd quarter. Davidson Capital Management Inc. now owns 668,294 shares of the company’s stock worth $50,683,000 after purchasing an additional 558,246 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 8.2% during the 3rd quarter. LPL Financial LLC now owns 5,504,363 shares of the company’s stock worth $417,451,000 after purchasing an additional 418,536 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT traded down $0.34 during mid-day trading on Wednesday, reaching $84.11. 802,268 shares of the company’s stock were exchanged. The stock’s 50-day simple moving average is $87.12 and its 200-day simple moving average is $82.24. The company has a market cap of $14.19 billion, a P/E ratio of 27.67 and a beta of 1.02.

VanEck Morningstar Wide Moat ETF Company Profile

The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage.